Dow Flails After Fed Defies Trump & Shocks Stock Market

By CCN: The Dow floundered on Thursday as the US stock market struggled to mount a convincing recovery from Wednesday’s triple-digit pullback. Meanwhile, the Federal Reserve continues to flex its independence, with Chair Jerome Powell refusing to bow to President Trump’s presumptuous demand that he cut interest rates. Dow Quakes After Fed Defies Trump Rate Cut Demand Powell’s move rattled the stock market and continued to weigh on major indices on Thursday morning. As of 10:43